On August 18, 2025, Anchor Protocol (ANC) fell by nearly 30 percent in a single day, closing at $0.00043. The drop accelerated a long downtrend that began in early spring. Throughout June and July, the token traded below $0.0012, already under pressure from declining interest. The latest plunge erased what remained of short-term support, dragging the asset to new lows.
The daily chart indicates persistent downward pressure, with the 50-day exponential moving average (EMA) at $0.00224 acting as a ceiling. Each rebound attempt failed to reclaim this level, reinforcing bearish control. The steep fall in August confirms a technical breakdown, where sellers dominate and buyers retreat. With volume data unavailable, price alone signals a capitulation-like move, pointing to absent demand across the market.
Anchor Protocol, once the flagship lending and borrowing platform tied to TerraUSD, has struggled to recover credibility after Terra’s collapse in 2022. Although governance froze many of its functions to prevent exploitation, the token lingered in markets. Over time, declining relevance and lack of development left ANC vulnerable. The August crash reflects more than market fluctuations—it underscores the absence of utility and investor confidence in a project still tied to one of crypto’s most damaging failures.
Anchor Protocol RSI Points to Persistent Weakness
The Relative Strength Index (RSI) for Anchor Protocol highlights a market under sustained pressure. As of August 18, 2025, the RSI reads 31.41, hovering just above the oversold boundary of 30. This level signals that sellers maintain control and that the token trades with little buying momentum. The moving average of the RSI, at 34.52, confirms the same pattern, showing a market where downward pressure dominates.
Throughout the past months, the RSI has remained anchored below the neutral line of 50. Each time the indicator attempted to climb, it quickly turned lower, reinforcing the absence of recovery strength. Temporary rebounds in June and July failed to alter the trajectory, as both the RSI and its moving average rolled over before reaching healthier levels. These failed recoveries emphasize the lack of sustained demand.
The overall trend in the RSI illustrates a broader loss of investor confidence. Since May, the index has trended downward, reflecting continuous selling and weak participation from buyers. As the indicator drifts closer to oversold conditions, Anchor Protocol remains locked in a technical decline, with momentum showing no clear signs of reversal.
Anchor Protocol MACD Signals Weak Recovery
The Moving Average Convergence Divergence (MACD) for Anchor Protocol reveals that the market remains fragile despite recent attempts at recovery. As of August 18, 2025, the MACD line sits at –0.00044056, while the signal line is at –0.00047570. Their narrow gap shows that bearish momentum has slowed, but the trend still leans negative.
The histogram turned slightly positive at 0.00003514, indicating that downward pressure has eased. However, the values remain close to the zero line, suggesting that the move lacks strength. Previous rebounds earlier this year produced much larger positive histograms, but each surge faded quickly, pushing the MACD back into negative territory. This recurring pattern underscores the inability of Anchor Protocol to sustain rallies.
Since late June, the MACD line has climbed steadily, showing that sellers are losing some control. Yet, the overall structure of lower highs across past signals reflects a weakening asset with no clear momentum shift. Unless the MACD can break convincingly above zero, the current uptick appears more like a pause in a downtrend than the start of a strong reversal.
Anchor Protocol SMI Highlights Oversold Pressure
The Stochastic Momentum Index (SMI) for Anchor Protocol shows strong bearish pressure as of August 18, 2025. The SMI line is at –80.09, with the signal line close behind at –71.92. Both values sit well below the neutral zone, indicating that the token trades in oversold conditions. This level reflects heavy selling momentum with no signs of immediate reversal.
Throughout the past year, the SMI has repeatedly dipped into negative territory, but recent readings stand out as some of the weakest. Each recovery attempt, such as those in March and May, quickly lost traction. The indicator failed to establish higher highs, showing that momentum has consistently weakened over time.
The current deep negative levels suggest that Anchor Protocol remains locked in a strong downtrend. The alignment of the SMI and its signal line in oversold territory underscores how sellers dominate market activity. Unless the SMI begins to turn upward with a clear crossover, the technical picture continues to point toward sustained weakness rather than recovery.
Anchor Protocol Balance of Power Shows Bearish Control
The Balance of Power (BOP) indicator for Anchor Protocol underscores the dominance of sellers in current trading activity. As of August 18, 2025, the BOP reads –0.46, firmly in negative territory. This value indicates that bears hold stronger influence over the market, pushing price momentum downward and limiting any sustainable buying activity.
The chart shows constant fluctuations between positive and negative values, reflecting volatile intraday sentiment. However, the indicator has spent more time in negative zones in recent months, signaling a steady shift in control toward sellers. Even when the BOP briefly crossed above zero, gains did not last, and momentum quickly turned bearish again.
This pattern suggests that buying attempts remain weak and easily overwhelmed by selling pressure. With the BOP holding below zero, the broader technical picture confirms what other indicators already show: Anchor Protocol continues to trade in a market where sellers dictate direction, leaving buyers unable to reverse the trend.
